Shareholder support for climate resolutions at major firms hit a new low last year, despite evidence showing corporate decarbonisation efforts are helping to deliver attractive returns
The collapse of the idea that a voluntary alliance of financial sector firms could drive sufficient climate and nature ambition is an opportunity to focus on the real issues, writes Finance Innovation Lab's Jon Dennis.
Voluntary member group to carry out internal review aimed at ensuring it 'remains fit for purpose in new global context', as ESG backlash among US firms continues to gather pace
World's biggest asset manager becomes the latest big name to walk away from collective green finance efforts following backlash from US Republicans
Plus Masdar snaps up Greek renewables developer Terna Energy, Spain offers 'climate leave' to workers, and all the top green business news from around the world this week
Latest major funding round from big name investors to support pipeline of 40 carbon removal projects
In his annual letter to investors, BlackRock CEO argues decarbonisation and energy security pressures mean the clean energy transition remains the top investment trend for 2024
Asset managers confirm they are not renewing membership of investor group, which pressures world's biggest carbon emitting firms to disclose and reduce their emissions
ShareAction describes 2023 voting record as 'deeply concerning' and 'the worst result we've seen from asset managers in recent years'
Occidental Petroleum CEO says deal is proof DAC has become 'investable technology'